The Biden Administration has announced the next steps towards holding two offshore oil and gas lease sales—one in the Gulf of Mexico and one in Cook Inlet, Alaska—to comply with…
https://gcaptain.com/biden-administration-announces-next-steps-for-offshore-oil-and-gas-lease-sales/
By Trevor Hunnicutt WASHINGTON, Sept 15 (Reuters) – Major U.S. railroads and unions secured a tentative deal on Thursday after 20 hours of intense talks brokered by President Joe Biden’s administration to…
https://gcaptain.com/biden-brokers-deal-averting-nationwide-rail-strike/
The U.S. Department of Transportation’s Federal Highway Administration has announced more than $172 million in funding to help improve ferry services in 35 states and three territories. The $172.2 million…
https://gcaptain.com/u-s-allocates-172-million-to-improve-ferry-services/
The Biden Administration is continuing funding to improve the nation’s maritime networks and infrastructure, with the Department of Transportation’s Federal Transit Administration (FTA) making nearly $300 million in grants to…
https://gcaptain.com/biden-administration-announces-300-million-in-ferry-grants/
The U.S. Chamber of Commerce is calling on President Joe Biden to help resolve a dispute between the country’s Class 1 railroads and 12 rail unions to avert a possible rail strike beginning July 18.
In a letter sent to the White House on Wednesday, U.S. Chamber President Suzanne Clark warned that the decision last month by the National Mediation Board (NMB) to release the railroads and unions from mediation and begin a 30-day cooling off period “presents a new challenge to the U.S. business...
https://www.freightwaves.com/news/big-business-calls-on-biden-to-avert-rail-strike
President Joe Biden yesterday signed the Ocean Shipping Reform Act of 2022 (OSRA) into law. As we reported when the measure was passed, the legislation expands the authority of the Federal Maritime Commission (FMC) in a number of ways.
President Biden, who in no fan of the major ocean carriers, turned his attention to them again in remarks made at the signing ceremony,
“Nine major shipping companies consolidated into three alliances control the vast majority of ocean shipping in the world and...
The U.S. House of Representatives has voted 369 to 42 to pass the Senate’s version of the bipartisan Ocean Shipping Reform Act, designed to give the government’s shipping competition commission…
https://gcaptain.com/ocean-shipping-reform-act-headed-to-president-biden-desk-after-passing-house/
President Biden visited the Port of Los Angeles where he discussed supply chain challenges and progress and addressed the issue of rising inflation, which he called his “top economic priority.”…
https://gcaptain.com/president-biden-visits-port-of-los-angeles/
Making the case for legislation to hold carriers more responsible for shipping costs and service standards, President Joe Biden on Friday laid much of the blame for record-setting inflation data released earlier in the day on the decks of the world’s largest ocean carriers.
“Every once in a while something you learn makes you viscerally angry,” Biden said, speaking at the Port of Los Angeles. “That’s why I’ve called on Congress to crack down on foreign-owned shipping companies that have raised...
https://www.freightwaves.com/news/biden-to-ocean-carriers-the-rip-off-is-over
Ahead of President Joe Biden’s planned speech at the Port of Los Angeles on Friday, the White House released a video of the president on a phone call with retailers who were complaining about the high cost of ocean shipping.
“One of the big reasons why prices are going up is the cost of shipping things across the Pacific, in particular,” Biden says during the call. “There’s only nine major ocean line shipping companies who ship from Asia to the United States. These companies have raised their...
https://www.freightwaves.com/news/biden-slams-ocean-carriers-ahead-of-port-of-la-speech